Lenders › Gulf Coast Bank and Trust Company
7(a) lenderNew Orleans, LouisianaFDIC-insured bank78th of 2,184 by approvals
Gulf Coast Bank and Trust Company
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Gulf Coast Bank and Trust Company (New Orleans, Louisiana) is an FDIC-insured bank in the SBA 7(a) program, 78th of 2,184 by approvals in FY2021 to FY2025: 502 loans worth $456M.
In FY2025, the latest complete fiscal year, it had 145 approvals totalling $142M, up 73% on FY2024 (84). FY2026 to 30 Jun 2026 adds 93 more.
The median approval was $623K, against $190K for the 7(a) program as a whole; 3.0% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 41 states and territories and 213 counties, led by Texas (21.5%), Florida (16.1%) and California (7.0%). The largest industry group was accommodation and food services at 29.7% of approvals, and 36.9% of approvals were to franchise businesses.
Of 1,070 disbursed loans approved in FY2010 to FY2021, SBA records 69 as charged off (6.4%), 795 as paid in full and 206 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 93 | $92.6M | $700K | $996K | 1,419 |
| FY2025 | 145 | $142M | $687K | $981K | 2,574 |
| FY2024 | 84 | $89.7M | $760K | $1.1M | 2,169 |
| FY2023 | 78 | $62.5M | $624K | $801K | 1,253 |
| FY2022 | 65 | $54.9M | $610K | $844K | 1,238 |
| FY2021 | 130 | $107M | $543K | $823K | 1,984 |
| FY2020 | 84 | $68.0M | $593K | $810K | 963 |
| FY2019 | 49 | $36.7M | $647K | $750K | 826 |
| FY2018 | 53 | $45.8M | $600K | $864K | 1,057 |
| FY2017 | 59 | $53.6M | $715K | $909K | 1,878 |
| FY2016 | 69 | $59.3M | $613K | $859K | 1,541 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 314 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Texas | 7(a) program |
|---|---|---|---|
| Approvals in these years | 1,201 | 48,931 | 639,905 |
| Cancelled or never disbursed | 131 | 5,758 | 79,313 |
| Disbursed loans | 1,070 | 43,173 | 560,592 |
| Paid in full | 795 | 31,848 | 435,813 |
| Charged off | 69 | 3,650 | 36,891 |
| Still outstanding (status exempt from disclosure) | 206 | 7,675 | 87,888 |
| Charged off, share of disbursed loans | 6.4% | 8.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.8% | 2.9% | 2.5% |
| Dollars charged off | $18.0M | $682M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 118 | 48 | 3 | 2.5% | 2.8% |
| FY2020 | 75 | 34 | 1 | 1.3% | 4.0% |
| FY2019 | 45 | 24 | 2 | 4.4% | 6.7% |
| FY2018 | 44 | 32 | 1 | 2.3% | 7.9% |
| FY2017 | 59 | 38 | 6 | 10.2% | 7.7% |
| FY2016 | 68 | 46 | 6 | 8.8% | 7.2% |
| FY2015 | 66 | 52 | 8 | 12.1% | 6.9% |
| FY2014 | 74 | 59 | 6 | 8.1% | 6.4% |
| FY2013 | 99 | 88 | 5 | 5.1% | 6.0% |
| FY2012 | 96 | 85 | 5 | 5.2% | 6.3% |
| FY2011 | 169 | 152 | 10 | 5.9% | 6.9% |
| FY2010 | 157 | 137 | 16 | 10.2% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $623K | $190K |
| Average approval | $909K | $518K |
| Approvals of $150,000 or less | 3.0% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 54.6% | 34.3% |
| Approvals to franchise businesses | 36.9% | 11.5% |
| Jobs supported per approval, as reported | 18.4 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.4% | 6.6% |
States served
| # | State of the business (41 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 108 | $93.0M | 21.5% | |
| 2 | Florida | 81 | $80.2M | 16.1% | |
| 3 | California | 35 | $40.9M | 7.0% | |
| 4 | North Carolina | 34 | $30.8M | 6.8% | |
| 5 | Louisiana | 26 | $25.1M | 5.2% | |
| 6 | Colorado | 19 | $16.8M | 3.8% | |
| 7 | Nevada | 16 | $13.7M | 3.2% | |
| 8 | Arizona | 15 | $15.6M | 3.0% | |
| 9 | Utah | 14 | $17.9M | 2.8% | |
| 10 | New York | 13 | $11.1M | 2.6% | |
| 11 | Maryland | 13 | $10.7M | 2.6% | |
| 12 | Oregon | 11 | $7.3M | 2.2% |
In Texas the lender accounts for 0.5% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (213 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Dallas County, TX | 27 | $24.4M | 5.4% | |
| 2 | Tarrant County, TX | 16 | $11.8M | 3.2% | |
| 3 | Los Angeles County, CA | 14 | $21.6M | 2.8% | |
| 4 | Maricopa County, AZ | 13 | $13.8M | 2.6% | |
| 5 | Wake County, NC | 13 | $10.6M | 2.6% | |
| 6 | Salt Lake County, UT | 11 | $11.7M | 2.2% | |
| 7 | Broward County, FL | 11 | $9.0M | 2.2% | |
| 8 | Palm Beach County, FL | 10 | $11.1M | 2.0% | |
| 9 | Collin County, TX | 10 | $6.0M | 2.0% | |
| 10 | Washoe County, NV | 9 | $9.3M | 1.8% | |
| 11 | Hillsborough County, FL | 9 | $7.3M | 1.8% | |
| 12 | Harris County, TX | 8 | $8.6M | 1.6% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 149 | 29.7% | |
| 2 | Health Care and Social Assistance | 58 | 11.6% | |
| 3 | Other Services (except Public Administration) | 56 | 11.2% | |
| 4 | Construction | 38 | 7.6% | |
| 5 | Retail Trade | 37 | 7.4% | |
| 6 | Arts, Entertainment, and Recreation | 33 | 6.6% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 30 | 6.0% | |
| 8 | Manufacturing | 26 | 5.2% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 130 | 25.9% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 31 | 6.2% | |
| 3 | Personal Care ServicesNAICS 8121 | 31 | 6.2% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 24 | 4.8% | |
| 5 | Child Day Care ServicesNAICS 6244 | 16 | 3.2% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 15 | 3.0% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 12 | 2.4% | |
| 8 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 11 | 2.2% | |
| 9 | Other Schools and InstructionNAICS 6116 | 11 | 2.2% | |
| 10 | Other Miscellaneous ManufacturingNAICS 3399 | 9 | 1.8% |
Approval sizes
- $50,000 or less0.6%3
- $50,001 to $150,0002.4%12
- $150,001 to $350,00016.5%83
- $350,001 to $1 million54.0%271
- $1 million to $2 million15.3%77
- Over $2 million11.2%56
Loan terms
- Over 5 to 10 years46.6%234
- Over 10 to 20 years29.9%150
- Over 20 years23.5%118
Age of the businesses
- Existing, more than 2 years old20.5%103
- New business, 2 years or less12.7%64
- Startup, loan funds will open the business41.8%210
- Change of ownership24.9%125
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 469 | 93.4% | |
| 2 | SBA Express Program | 19 | 3.8% | |
| 3 | 7a General | 11 | 2.2% | |
| 4 | International Trade Loans | 3 | 0.6% |
Franchise share
185 of 502 approvals in FY2021–FY2025 (36.9%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The Now Massage | 19 | 3.8% | |
| 2 | The Great Greek Mediterranean Grill | 15 | 3.0% | |
| 3 | Killer Burger | 9 | 1.8% | |
| 4 | Marco's Pizza | 7 | 1.4% | |
| 5 | Firehouse Subs | 6 | 1.2% | |
| 6 | F45 Training | 5 | 1.0% | |
| 7 | Mayweather Boxing & Fitness | 4 | 0.8% | |
| 8 | Jinya Ramen Bar | 3 | 0.6% |
Questions and answers
How many SBA loans does Gulf Coast Bank and Trust Company make?
SBA approved 145 7(a) loans through Gulf Coast Bank and Trust Company in FY2025, worth $142M, and 502 over FY2021 to FY2025. That ranks 78th of 2,184 active 7(a) lenders by number of approvals.
How large are Gulf Coast Bank and Trust Company's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $623K and the average $909K. The program-wide median was $190K.
What is Gulf Coast Bank and Trust Company's charge-off rate?
Of 1,070 disbursed loans approved in FY2010 to FY2021, SBA records 69 as charged off (6.4%), 795 as paid in full and 206 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Gulf Coast Bank and Trust Company lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (130); other amusement and recreation industries (31); personal care services (31); services to buildings and dwellings (24).
Where does Gulf Coast Bank and Trust Company make SBA loans?
In 41 states and territories. Texas 108, Florida 81, California 35, North Carolina 34, Louisiana 26. In Texas it accounts for 0.5% of all 7(a) approvals.
Is Gulf Coast Bank and Trust Company's SBA lending rising?
Approvals in the three latest complete fiscal years total 307, against 279 in the three before: rising (+10%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error